China ... plans to invest $600 billion in developing its national smart grid over the next decade" http://xrl.us/bij6yi
The EPRI report estimated the cost of upgrading the U.S. grid could range from $338 to $476 billion, up from $165 billion in a 2004 forecast. Benefit estimates have also skyrocketed to a range of $1.2 to $2 trillion, up from $660 billion estimated in 2004.

Smart Grid videos

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http://xrl.us/bij3ti A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016... this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016..."

Friday, September 2, 2011

Could Ambient (AMBT) Double Again?

Could Ambient Double Again?
Could Ambient Double Again?
Released on Wednesday, August 31, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - Ambient (AMBT) recently moved from the OTCBB to the NASDAQ. In July, AMBT moved from around the $7.00 level to around the $14.00 level and has since given back its gains with AMBT now around $7.00 again.
AMBT reported outstanding second quarter results on August 10th with record revenue of approximately $16 million and net income of approximately $2.5 million and cash from operating activities of approximately $5.9 million.
The company even reported a backlog of approximately $68 million.
Ambient's technology is white hot right now. What their technology does is allow utility equipment such as home power meters to communicate with the electric power grid. Their technology is known as the Ambient Smart Grid®.
The smart grid industry is growing and Ambient is a key player in it.
The main thing holding back AMBT shares right now is that the company has filed plans for a public offering of up to $57.5 million in stock. Obviously investors aren't fond of the dilution and uncertainty it brings, but once the shares are absorbed, AMBT should be quite an attractive play.
We don't believe that we'll see AMBT double in the short-term from here, but AMBT's fundamentals are solid and exciting as well as the industry that they are particpating in.